This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 edition. Excerpt: ...within a reasonable time. How should checks be signed representing a deceased person's estate? Ans.--By the duly authorized executor or administrator, after a short certificate from the Register of Wills, certifying to their appointment, shall have been filed with the bank. If there should be a difference ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1904 edition. Excerpt: ...within a reasonable time. How should checks be signed representing a deceased person's estate? Ans.--By the duly authorized executor or administrator, after a short certificate from the Register of Wills, certifying to their appointment, shall have been filed with the bank. If there should be a difference between the writing and the figures in a check presented for payment, which amount should be paid? Ans.--Call your depositor up over the 'phone and be guided by his instructions. If you cannot reach him, pay the amount written in the body of the instrument. Where companies or partnerships use the term "Limited," how many signatures are required? Ans.--Two in Pennsylvania, where the amount involved is upwards of $500. When it becomes necessary for clerks of the bank to go upon the street with considerable sums of money or securities, what is necessary? Ans.--That two shall go, and neither shall become so engrossed in conversation as to forget for a moment the guardianship of the funds entrusted to them. This is not needless advice, although it would so appear. When will a guarantee of indorsement covering items from another bank be sufficient? Ans.--When the guaranteeing bank is of standing and responsibility, and when the indorsement is by attorney, or is by one person for another, or is by duly authorized stamp. If knowledge of the death of a depositor reaches the bank, what should be done? Ans.--Under certain conditions outstanding obligations should not be paid. We think, however, that common sense may come in here, and if the checks are regular in every particular and are of recent date and are not large in amount, the bank can afford to carry out the purposes of the drawer. When a depositor desires to delegate to another authority...
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Add this copy of Bank Catechism; Items of General Interest Relating to to cart. $32.29, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2019 by Wentworth Press.
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Add this copy of Bank Catechism; Items of General Interest Relating to to cart. $51.14, new condition, Sold by Revaluation Books rated 4.0 out of 5 stars, ships from Exeter, DEVON, UNITED KINGDOM, published 2009 by BiblioBazaar.